Matrix Reports
Rent Growth
Rents were up 2.7% nationwide in March, down 10 basis points from February and exactly half the 5.4% growth rate of a year ago.
March Rent Jumps Significantly
According to Yardi Matrix, MMarch marked the first rent increase in five months, reflecting unexpected growth in the face of tax and regulatory uncertainty.
Yardi Matrix: San Jose—Peak Market, Weak Appreciation
Silicon Valley remains the largest technology hub in the nation and the anchor of the Bay Area.
Yardi Matrix: Fever Pitch—Atlanta Demand Heats Up
Atlanta’s multifamily market benefits from a diversified economy, a healthy development pipeline and high investor demand.
Rent Growth
Rents were up 2.8% nationwide in February, down 40 basis points from January and roughly half the 5.5% growth rate of a year ago.
Yardi Matrix: Houston’s Shaky Economy
Houston’s multifamily market is still reeling from the oil price collapse in 2015, which resulted in thousands of job cuts and slowing investment activity.
Matrix Monthly: February Rent Growth Scores Love-Love
While rent growth remained stagnant during February, Yardi Matrix’s latest monthly report assures that strong fundamentals and the promise of a growing economy bode well for the industry.
Yardi Matrix: Cooling Rents—Austin’s City Limits
The city’s multifamily market continues to be a hotbed of activity, despite a growing sense of caution that rents and development are beginning to decelerate.
Yardi Matrix: Salt Lake’s Mountainous Rise
Utah’s largest city is in the midst of a boom—driven by robust employment and population growth—that is producing healthy demand for housing.